LG
ActiveSummary
LG has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488k and a net result of €2k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 24% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▲+8
Solvency45▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity short (current ratio 0.62 against 0.71 in 2024; short-term debt: 79.7% and cash: 0% of total assets), and 79.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
0.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1909 sector peers (2025).
NBB · sector comparisonPosition among 1909 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
22 d late
2023
34 d early
2022
32 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€488k▲ 0.5%
2024 · €486k
2018: €517k
2019: €517k● -0.0% vs 2018
2020: €519k▲ +0.4% vs 2019
2021: €520k▲ +0.2% vs 2020
2022: €520k● -0.0% vs 2021
2023: €522k▲ +0.5% vs 2022highest in 8 years
2024: €486k▼ -6.9% vs 2023lowest in 8 years
2025: €488k▲ +0.5% vs 2024
2018 → 2025
Total assets
€2.40M▼ 3.8%
2024 · €2.50M
2018: €843klowest in 8 years
2019: €940k▲ +11.5% vs 2018
2020: €1.46M▲ +55.6% vs 2019
2021: €1.83M▲ +25.3% vs 2020
2022: €2.06M▲ +12.6% vs 2021
2023: €2.83M▲ +36.9% vs 2022highest in 8 years
2024: €2.50M▼ -11.5% vs 2023
2025: €2.40M▼ -3.8% vs 2024
2018 → 2025
Net result
€2k
2024 · €-36k
2018: €-76
2019: €-20▲ +74.1% vs 2018
2020: €2k▲ +9787% vs 2019
2021: €1k▼ -39.1% vs 2020
2022: €-120▼ -110% vs 2021
2023: €2k▲ +2055% vs 2022
2024: €-36k▼ -1633% vs 2023lowest in 8 years
2025: €2k▲ +107% vs 2024highest in 8 years
2018 → 2025
Working capital
€-730k▼ 25.3%
2024 · €-583k
2018: €-299khighest in 8 years
2019: €-399k▼ -33.5% vs 2018
2020: €-912k▼ -129% vs 2019
2021: €-1.26M▼ -38.3% vs 2020
2022: €-1.47M▼ -16.6% vs 2021lowest in 8 years
2023: €-885k▲ +39.8% vs 2022
2024: €-583k▲ +34.2% vs 2023
2025: €-730k▼ -25.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€520k-€520k=€522k▲ 0.5%€486k▼ 6.9%€488k▲ 0.5%
2021: €520k
2022: €520k● -0.0% vs 2021
2023: €522k▲ +0.5% vs 2022highest in 5 years
2024: €486k▼ -6.9% vs 2023lowest in 5 years
2025: €488k▲ +0.5% vs 2024
Operating result€-2k-€-2k▼ 23.3%€-4k▼ 125%€-3k▲ 30.9%€36k
2021: €-2k
2022: €-2k▼ -23.3% vs 2021
2023: €-4k▼ -125% vs 2022lowest in 5 years
2024: €-3k▲ +30.9% vs 2023
2025: €36k▲ +1319% vs 2024highest in 5 years
Net result€1k-€-120€2k€-36k€2k
2021: €1k
2022: €-120▼ -110% vs 2021
2023: €2k▲ +2055% vs 2022
2024: €-36k▼ -1633% vs 2023lowest in 5 years
2025: €2k▲ +107% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €36k after a loss of €3k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.40M
Fixed assets
€1.22M ▲ 14.0%
Current assets
€1.19M ▼ 17.2%
Equity and liabilities €2.40M
Equity
€488k ▲ 0.5%
Debt
€1.92M ▼ 4.9%
Debt's share of the balance-sheet total falls from 80.6% to 79.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2024 · €-2k
Cash flow
€2k▲
2024 · €-36k
Current ratio
0.62▼
2024 · 0.71
Quick ratio
0.08▲
2024 · 0.04
Debt to equity
3.93▼
2024 · 4.15
ROE
0.5%▲
2024 · -7.4%
ROA
0.1%▲
2024 · -1.4%
Interest coverage
0.76▲
2024 · -0.05
Debt ≤ 1 year
€1.92M▼
2024 · €2.02M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.50M€2.40M▼
Fixed assets21/28€1.07M€1.22M▲
Tangible fixed assets22/27€89-
Furniture and vehicles24€89-
Financial fixed assets28€1.07M€1.22M▲
Current assets29/58€1.43M€1.19M▼
Stocks and contracts in progress3€1.35M€1.04M▼
Stocks30/36€1.35M€1.04M▼
Amounts receivable within one year40/41€82k€146k▲
Trade receivables40€22k€72k▲
Other amounts receivable41€60k€74k▲
Cash at bank and in hand54/58€67€92▲
Equity and liabilities
Total equity and liabilities10/49€2.50M€2.40M▼
Equity10/15€486k€488k▲
Contributions10/11€512k€512k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-36k€-34k▲
Amounts payable17/49€2.02M€1.92M▼
Amounts payable within one year42/48€2.02M€1.92M▼
Trade debts44€13k€13k▲
Suppliers440/4€13k€13k▲
Taxes, remuneration and social security45€814-
Taxes450/3€814-
Other amounts payable47/48€2.00M€1.90M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€451€89▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-1k€38k▲
Operating profit (loss)9901€-3k€36k▲
Financial income75/76B€14k€14k▲
Recurring financial income75€14k€14k▲
Financial charges65/66B€47k€47k▲
Recurring financial charges65€47k€47k▲
Profit (loss) for the period before taxes9903€-36k€2k▲
Profit (loss) for the period9904€-36k€2k▲
Profit (loss) for the period to be appropriated9905€-36k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-34k▲
Profit (loss) brought forward from the previous period14P-€-36k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €362 | €451 | €451 | €89 | ▼ 80.3% |
| Other operating charges640/8 | €2k | €135 | €1k | €1k | €2k | ▲ 116% |
| Gross operating margin9900 | €807 | €-1k | €-3k | €-1k | €38k | ▲ 2,722% |
| Operating profit (loss)9901 | €-2k | €-2k | €-4k | €-3k | €36k | ▲ 1,319% |
| Financial income75/76B | €19k | €23k | €46k | €14k | €14k | ▲ 1.4% |
| Recurring financial income75 | €19k | €23k | €46k | €14k | €14k | ▲ 1.4% |
| Financial charges65/66B | €16k | €22k | €39k | €47k | €47k | ▲ 0.4% |
| Recurring financial charges65 | €16k | €22k | €39k | €47k | €47k | ▲ 0.4% |
| Profit (loss) for the period before taxes9903 | €2k | €-120 | €3k | €-36k | €2k | ▲ 107% |
| Income taxes67/77 | €495 | - | €814 | - | - | - |
| Profit (loss) for the period9904 | €1k | €-120 | €2k | €-36k | €2k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-120 | €2k | €-36k | €2k | ▲ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.83M | €2.06M | €2.83M | €2.50M | €2.40M | ▼ 3.8% |
| Fixed assets21/28 | €1.78M | €1.99M | €1.41M | €1.07M | €1.22M | ▲ 14.0% |
| Tangible fixed assets22/27 | - | €990 | €540 | €89 | - | - |
| Furniture and vehicles24 | - | €990 | €540 | €89 | - | - |
| Financial fixed assets28 | €1.78M | €1.99M | €1.41M | €1.07M | €1.22M | ▲ 14.0% |
| Current assets29/58 | €52k | €74k | €1.42M | €1.43M | €1.19M | ▼ 17.2% |
| Stocks and contracts in progress3 | - | - | €1.35M | €1.35M | €1.04M | ▼ 23.0% |
| Stocks30/36 | - | - | €1.35M | €1.35M | €1.04M | ▼ 23.0% |
| Amounts receivable within one year40/41 | €52k | €74k | €69k | €82k | €146k | ▲ 77.6% |
| Trade receivables40 | €24k | €22k | €22k | €22k | €72k | ▲ 227% |
| Other amounts receivable41 | €28k | €51k | €47k | €60k | €74k | ▲ 23.0% |
| Cash at bank and in hand54/58 | €831 | €443 | €80 | €67 | €92 | ▲ 38.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.83M | €2.06M | €2.83M | €2.50M | €2.40M | ▼ 3.8% |
| Equity10/15 | €520k | €520k | €522k | €486k | €488k | ▲ 0.5% |
| Contributions10/11 | €512k | €512k | €512k | €512k | €512k | = |
| Reserves13 | €7k | €7k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €5k | €5k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | - | - | - | €-36k | €-34k | ▲ 6.6% |
| Amounts payable17/49 | €1.31M | €1.54M | €2.30M | €2.02M | €1.92M | ▼ 4.9% |
| Amounts payable within one year42/48 | €1.31M | €1.54M | €2.30M | €2.02M | €1.92M | ▼ 4.9% |
| Trade debts44 | €13k | €13k | €14k | €13k | €13k | ▲ 1.9% |
| Suppliers440/4 | €13k | €13k | €14k | €13k | €13k | ▲ 1.9% |
| Taxes, remuneration and social security45 | €1k | €495 | €814 | €814 | - | - |
| Taxes450/3 | €1k | €495 | €814 | €814 | - | - |
| Other amounts payable47/48 | €1.30M | €1.53M | €2.29M | €2.00M | €1.90M | ▼ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-120 | €2k | €-36k | €2k | ▲ 107% |
| + Depreciation and write-downs630 | - | €362 | €451 | €451 | €89 | ▼ 80.3% |
| Operating cash flow (approximation) | €1k | €241 | €3k | €-36k | €2k | ▲ 107% |
| Investment in fixed assets (approximation) | - | €-210k | €583k | €338k | €-150k | ▼ 144% |
| Change in cash | - | €-388 | €-364 | €-13 | €26 | ▲ 297% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2012
Ground area
1,367 m²
Building footprint
183 m²
Volume, LiDAR
1,235 m³
Parcel 24005A0005/00T003, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
LG BVBA
since 20122.211.336.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24005A0005/00T003 | Flanders | 1,367 m² | 1 · 183 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
71111Activities of building architects
Contact
E-mail
chris@vuurvast.beScherpenheuvel-Zichem
Phone
013/77.51.58Scherpenheuvel-Zichem
Scores and ratios are computed by Checked and are not a credit decision.